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ZachXBT: USDC has become the main payment method for North Korean IT personnel, and Circle has not frozen related activities

2025-07-01 04:24

Odaily News ZachXBT, an on-chain detective, posted on the X platform that the stablecoin USDC issued by Circle is being widely used by North Korean IT practitioners to collect payments, and said that he has found that the recent related transaction volume has reached tens of millions of dollars. He criticized Circle for not taking any freezing or monitoring measures while claiming to be "compliant", and sarcastically said "This is a super cycle of crime, and no one cares."